todays announcement: strategic partnership, page-3

NWM,

frustrating thing to date with mvh is that they are continually leaving it up to the punters to join the dots ... i can see cabe going spare right now ... they probably dont want to spill the beans too much on what is planned in india, but this release could have been presented with a bit more of a flourish. cant wait for the detail on what percentage of these centres we will own and some revenue figures ...

still, management have been keen to say they do not intend to promote stock before they are ready to deliver on bottom line. it unfortunately remains a stayed tuned job, but no doubt the picture is becoming clearer .... expect more news soon i think, they are only just beginning to roll it out. hopefully next announcement has dollars attached.

notwithstanding poor past year performance i remain of the view that this has been sold down below its instrinsic worth when considering growth prospects, high margins likely to flow on existing business and the ksx stake (which will ultimately be 35million shares, and which would currently be worth $7m) ... they have plenty of tenders out there, and they expect many of these tenders to be won because of the simple fact that they do not have competitors in the marketplace ....

another pre-open tomorrow would be nice ... lets see if china or uk can deliver some more news.